#比特币市场波动观

$BTC Bitcoin Market Volatility Observation

The volatility of the Bitcoin market stems from its high-risk characteristics and the emotions of market participants. Technical analysis shows that Bitcoin's price is often influenced by support and resistance levels. By using chart indicators such as the Relative Strength Index (RSI) and Moving Averages (MA), short-term price trends can be predicted. For instance, when the RSI exceeds 70, the market may enter an overbought zone, signaling a potential pullback. Conversely, when the RSI is below 30, it may indicate oversold conditions, presenting a chance for price rebound. Overall, the Bitcoin market is highly volatile, and investors should cautiously grasp the market rhythm to avoid blindly chasing after price increases or selling off in panic.